Distributed energy resources and the organized balancing market: A symbiosis yet? Case of three European balancing markets

Poplavskaya, Ksenia; Vries, Laurens de

doi:10.1016/j.enpol.2018.11.009

Cited by 74 publications

(34 citation statements)

References 11 publications

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“…These are usually organized in an 'exante' planning phase (when generation resources are committed) and in a 'real-time' session (when the balancing is granted to restore frequency and quantity deviations); hence, several types of products are actually remunerated. Given that only generators with the required degree of flexibility are allowed to provide these services, these sessions are generally more concentrated than are the former ones, the participation is mandatory, and the pay-as-bid pricing mechanism is applied (for additional details, see Hirth andZiegenhagen, 2015 andPoplavskaya andde Vries, 2019).…”

Section: The Electricity Market and Its Sessionsmentioning

confidence: 99%

Comparing the forecasting performances of linear models for electricity prices with high RES penetration

Gianfreda

Ravazzolo

Rossini

2020

International Journal of Forecasting

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This paper compares alternative univariate versus multivariate models, frequentist versus Bayesian autoregressive and vector autoregressive specifications, for hourly day-ahead electricity prices, both with and without renewable energy sources. The accuracy of point and density forecasts are inspected in four main European markets (Germany, Denmark, Italy and Spain) characterized by different levels of renewable energy power generation. Our results show that the Bayesian VAR specifications with exogenous variables dominate other multivariate and univariate specifications, in terms of both point and density forecasting.

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Section: The Electricity Market and Its Sessionsmentioning

confidence: 99%

Comparing the forecasting performances of linear models for electricity prices with high RES penetration

Gianfreda

Ravazzolo

Rossini

2020

International Journal of Forecasting

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“…The Smart Electricity Systems and Technologies (SmartEST) Laboratory of the AIT (Austrian Institute of Technology) consists of two high bandwidth grid simulators, three independent lab grids equipped with emulations of loads, control systems, and different line impedances. Further, the lab has on its dispose a PV array simulator and is able to conduct hardware‐in‐the‐loop (HIL) experiments . With this range of facilities, they are able to conduct research in the fields of DER integration, GM, AMI, DR, ES, EV, SH, and SC .…”

Section: Smart Grid Labs Descriptionmentioning

confidence: 99%

“…With this range of facilities, they are able to conduct research in the fields of DER integration, GM, AMI, DR, ES, EV, SH, and SC . Additionally, the lab is also working on markets, ICT, and CS …”

Section: Smart Grid Labs Descriptionmentioning

confidence: 99%

“…Further, the lab has on its dispose a PV array simulator and is able to conduct hardware-in-the-loop (HIL) experiments. 37 With this range of facilities, they are able to conduct research in the fields of DER integration, GM, AMI, DR, ES, EV, SH, and SC. 38 Additionally, the lab is also working on markets, ICT, and CS.…”

Section: Smart Electricity Systems and Technologies Laboratory Ait Amentioning

confidence: 99%

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Smart grid lab research in Europe and beyond

et al. 2019

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Summary In this survey, the objective is to identify current trends in the smart grid research by exploring the work carried out in numerous smart grid labs worldwide. For this purpose, a large number of smart grid labs are identified, and a short description of their activities is given. Fifty‐eight out of the 75 identified labs are located in Europe. Smart grid research is divided into categories, which represent popular topics of research in the field. The predominant category of research is identified to be generation and distributed energy resources (Gen & DER) with 91% of the labs conducting research in this field. Aggregated information is presented regarding the labs, providing a clear idea of the topics of research carried out. Connections between different topics of research are presented, which reveal synergies or collaboration gaps among various smart grid topics. Grid management and Gen & DER and energy storage and Gen & DER have been found to be popular combinations of topics with 55 labs active in both, respectively. In addition, we provide insights on the entities at which research is targeted and consider the evolution of publications produced by the labs on the different categories. An overall increase in publications was observed over the past 11 years in virtually all categories of smart grid research with the most published scientific papers in Gen & DER and electromobility. Collaborations between research institutes have been analyzed, pointing out existing joint research conducted and the huge potential to explore synergies between institutes further. Our work is useful in order to identify the smart grid areas where research is focusing on. This gives a clear picture of potential synergies between labs for knowledge sharing and enhancing their research efforts.

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“…The increasing share of RES in energy generation [7,8] paves way for new challenges in energy balancing due to the intermittent nature of renewable generation [9,10]. Electricity generation and consumption must always be maintained in balance [11]. If the electricity generation surpasses the demand, the power system frequency rises.…”

Section: Introductionmentioning

confidence: 99%